BERLIN (Reuters) -The World Health Organization said on Friday it is deploying experts to support health authorities in the Democratic Republic of Congo to investigate an as-yet undiagnosed disease linked to multiple deaths in a remote area of the country. The WHO experts are on their way to Panzi, a locality in the southwestern Kwango …
WHO sends experts to help Congo diagnose mystery disease Read More »
By Promit Mukherjee and Ismail Shakil OTTAWA (Reuters) -Canada had 1.5 million unemployed people in November, propelling its jobless rate to a near-eight-year high outside of the pandemic era and boosting chances of a large interest rate cut on Dec. 11. The jobless rate rose to a more than expected 6.8% in November, Statistics Canada …
Canada’s 6.8% jobless rate boosts bets for 50-point interest rate cut Read More »
By Amy-Jo Crowley and Julie Zhu LONDON/HONG KONG (Reuters) -Shareholders of Ubisoft Entertainment SA are considering how to structure a possible buyout of the Assassin’s Creed video game maker without reducing the founding family’s control, two people familiar with the matter told Reuters. The Guillemot family, which is the largest and founding shareholder, has been …
Ubisoft shareholders in talks over possible buyout terms, sources say Read More »
MILAN (Reuters) -Italian bank UniCredit on Friday said a German probe over alleged tax evasion concerned a single former client, after its Munich offices were raided in an investigation into a possible 200 million euro ($212 million) fraud. UniCredit has owned Munich-based lender HVB since 2005. The European Public Prosecutor’s Office (EPPO) said that it …
UniCredit’s Munich offices searched in VAT fraud probe over ex client Read More »
By Paul Sandle LONDON (Reuters) -Britain’s Guardian said on Friday it had agreed to sell The Observer to startup Tortoise Media, which sought to overcome staff opposition by pledging to revive the world’s oldest Sunday newspaper as a strong voice in liberal journalism. Tortoise, founded five years ago by ex-BBC News boss James Harding to …
Britain’s Guardian sells The Observer newspaper to Tortoise Media Read More »
By Yadarisa Shabong and Tommy Reggiori Wilkes LONDON (Reuters) -British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock deal that will create the UK’s largest home and motor insurer. In a joint statement on Friday, the companies said a preliminary agreement had been reached …
Aviva set to buy Direct Line to create $21 billion British insurer Read More »
(Reuters) -China’s JD Logistics will acquire the 36.43% stake it does not already own in Kuayue-Express Group for not more than 6.48 billion yuan ($892 million) to further enhance express delivery offerings, the logistics services firm said on Friday. Under an agreement, Suqian Jingdong Bohai Enterprise Management, a unit of JD Logistics, will acquire the …
JD Logistics takes full ownership of Kuayue-Express with $892 million stake buy Read More »
By Stephanie van den Berg and Anthony Deutsch THE HAGUE (Reuters) -International Criminal Court Prosecutor Karim Khan will be allowed to stay on in his role at the world’s permanent war crimes tribunal during a U.N.-led investigation into his alleged sexual misconduct, sources told Reuters on Friday. The U.N.’s Office of Internal Oversight Services (OIOS), …
By Anton Bridge and Miho Uranaka TOKYO (Reuters) – Japanese companies will find it easier to gain approval for U.S. acquisitions under the incoming Trump administration, the vice chairman of Citigroup in Japan said, even as President-elect Donald Trump opposes Nippon Steel’s attempted buyout of U.S. Steel. The Trump presidency will also spark business reorganisations, …
Trump’s easing of regulations to trigger Japan outbound M&A, Citi exec says Read More »
LISBON (Reuters) – The three owners of Portugal’s fourth-largest bank Novo Banco have agreed to lift a ban on dividend payouts, paving the way for its potential sale or an initial public offering in 2025, the finance minister was quoted as saying on Friday. Joaquim Miranda Sarmento told the Expresso newspaper the agreement, involving the …
Novo Banco shareholders agree to unblock dividends, pave way for sale Read More »
